Examples of Regulatory Accounting Principles in a sentence
The books and records of an SBA Supervised Lender must be kept on an accrual basis in ac- cordance with Generally Accepted Ac- counting Principles (GAAP) as promul- gated by the Financial Accounting Standards Board (FASB), supplemented by Regulatory Accounting Principles (RAP) as identified by SBA in Policy, Procedural or Information Notices, from time to time.
Business segment information provided to the chief operating decision maker (CODM) is based on the Regulatory Accounting Principles (RAP) submitted to the BSP in compliance with the reportorial requirements under the Financial Reporting Package (FRP) for banks, which differ from PFRS.
Should any changes be made to the Regulatory Accounting Principles or the Attribution Methods that lead to a material affect on the information reported in the Financial Statements, the corresponding prior year figures will be restated.
Divisional assessments provide the vehicle in which overhead indirect costs are capitalised.CapexOpex1.2 Identify all material changes between the Regulatory Accounting Principles and Policies provided in the response to paragraph 1.1(e), for the Relevant Regulatory Year and the previous regulatory year.
Where there are material changes to the Regulatory Accounting Principles, the attribution Methods, or the Accounting Policies that have a material effect on the information reported in the markets within the Separated Accounts, the parts of the previous year’s Accounts impacted by the changes shall be restated.• Transparency: The Attribution Methods used shall be transparent.